13

views
Unfave

Nigerian banks’ balance sheets may weaken, IMF warns

’Femi Asu The International Monetary Fund has said the directive from the Central Bank of Nigeria that deposit money banks should achieve a minimum loan-to-deposit ratio could weaken their balance sheets. The CBN, in a circular dated July 3, 2019, mandated all DMBs to maintain a minimum loan-to-deposit ratio of 60 per cent by September
Read the rest of the story on The Punch News

Added November 30, 2019
from The Punch News